Can you please re-type your formula exactly as it appears in your workbook? The original post has it split up in a way that doesn't make sense. There are no [value if true] or [value if false] arguments in your IF statement. You're also missing a closing } in your initial COUNTIF list.

Perhaps this will work:=IF(AND(SUM(COUNTIF($AP2,{"*11*","*15*","*17*","*20*","*49*","*50*","*71*","*72*"}))>0,SUM(COUNTIF($AV2:$AZ2,{"*G0480*","*G0479*","*G0477*","*G0478*","*G0481*","*G0482*","*G0483*"}))>0),TRUE,FALSE)

A little background as to how I came to I design this code:
Around 5 years ago I designed an add-in that formatted Excel files to a corporate standard, applying different cell colours and font type depending on whether the cells contained inputs,…

Graphs within dashboards are meant to be dynamic, representing data from a period of time that will change each time the dashboard is updated with new data.
Rather than update each graph to point to a different set within a static set of data, t…